Core Insights - The China (Xinjiang) Free Trade Zone has achieved significant results in its two years of establishment, with a completion rate of 81.5% for reform pilot tasks and over 44,000 registered enterprises, contributing to over 40% of Xinjiang's total foreign trade value [1][14] - The Free Trade Zone has become a driving force for high-level opening up in Xinjiang, injecting new vitality into the region's economic and social high-quality development [1] Trade Facilitation - Trade facilitation measures have led to significant improvements in logistics and customs processes, reducing customs clearance time from 3 hours to 1 hour, and enabling faster access to markets like Almaty, Kazakhstan [3][4] - In the first three quarters of this year, Xinjiang's total foreign trade value reached 393.14 billion yuan, reflecting a year-on-year growth of 22.1% [6] Industrial System Development - The innovative regulatory models in the Free Trade Zone, particularly in bonded supervision, have enabled companies to overcome previous challenges related to high tariffs and slow customs processes, enhancing competitiveness [7] - The Free Trade Zone is fostering an open industrial system, pushing the industrial chain towards higher value chains [8] Market Environment Optimization - The establishment of the Urumqi Immigration Service Center has streamlined foreign-related business processes, reducing processing times significantly, thus enhancing the overall business environment [10][12] - The Free Trade Zone has attracted numerous key business associations, enterprises, and foreign investments by continuously optimizing the business environment [12][14] Regional Development and Cooperation - The three areas within the Free Trade Zone—Urumqi, Kashgar, and Horgos—are developing complementary functions and promoting coordinated opening-up, enhancing cross-border economic cooperation [14] - The Xinjiang Free Trade Zone aims to leverage its advantages to become a new high ground for reform and opening up, especially as the region celebrates its 70th anniversary [14]

Group 1 - The aviation maintenance industry in Hainan Free Trade Port is experiencing significant growth, with a total value of 336.5 billion yuan in aircraft, engines, and materials under customs supervision from January to July, representing an 81.7% year-on-year increase [1] - The Hainan Free Trade Port has implemented a "pre-examination materials, immediate approval, and fast customs clearance" mechanism, reducing the average tax review time by 90% and cutting the customs clearance time for re-imported materials by over 30%, which has lowered maintenance support costs by over 75% [1] - The customs authority has reported 46 aircraft under temporary inbound maintenance supervision, with a total value of 291.1 billion yuan, and has processed repair fee declarations amounting to 6.1 million yuan, resulting in a tax exemption of 950,400 yuan [2] Group 2 - The rapid growth in the aviation maintenance sector is attributed to the accelerated release of policy dividends from the Hainan Free Trade Port, including the introduction of the first national pilot regulatory scheme for temporary inbound repair of aircraft and vessels [2] - The integration of customs supervision into the entire process of bonded maintenance through the use of an intelligent ERP network and public information service platform has reduced operational costs for both customs and enterprises by over 30% [2]